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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: Vegas Kate who wrote (12350)11/15/1998 10:25:00 AM
From: Sycamore  Read Replies (1) | Respond to of 14631
 
Vegas,

I'm sure you have a good reason for doing this. But just don't understand your rationale for this strategy. Why pay $10.50 for IFMX today if you can buy it for $5 13/16? If you want more shares you can simply go on margin, put a stop loss to coincide with your risk tolerance. That way you will have the option to keep the stock for another 5-10 years if you like.

Curious mind just want to know.

sycamore




To: Vegas Kate who wrote (12350)11/15/1998 1:20:00 PM
From: Sycamore  Read Replies (3) | Respond to of 14631
 
Here is a link I stumbled on while researching another stock. Not sure what to make of it though not knowing the basis for that projection. Nevertheless, it can't hurt.

collabra.com